Re: No Netflix Late Fees
- From: "Larry Bud" <larrybud2002@xxxxxxxxx>
- Date: 31 May 2006 11:40:03 -0700
Let's assume that you go to a video store and rent a dvd. For argument
purposes let's say it is $2.50 for one week. After one week they charge
you $2.50/week "LATE FEE" or $10/month.
Now let's say that you are a Netflix member at the $10/month (rounded to
simplify things) rate for one dvd at a time. If you do not return it you
still must pay $10/month "MEMBERSHIP FEE".
What is the difference?
Are you serious? The difference is that the terms of each are
different.
You're not paying for a late Netflix disk, as it doesn't matter how
long you keep it or how many you rent a month.
Now be late on 10 DVDs from your local video store at $2.50 a pop.
Suddenly that $10 membership is looking pretty good.
Let's say that I open a video store. My charges are as follows. You can
rent a DVD for $2.50/week. You can keep it forever but it is $2.50/week.
Isn't this the same (approximately) as Netflix's lowest rate which is
$9.95/month for one DVD?
My store calls it a rental fee. Other stores call it a late fee. What is
the difference?
The difference is that if I'm not late I don't pay the fee, and the
only way your premise happens to level out with each other is if you
rent an equivalent of 4 movies a month. All other situations compute
different. I can rent 10 a month with Netflix, and it still only costs
$10/month.
You can rent zero movies with Netflix for $10/month... how is that
equivalent to a late fee?
Just because the amount MIGHT end up the same it doesn't mean the fees
are the same, because the premise of computing the fees are different.
I can't even believe you don't "get" this.
.
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- From: Larry Bud
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